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No. of Recommendations: 2
Can Trepanne Capital Management set up a Single-Participant 401(k), put Mrs. Trepanne & I both on the payroll, make zero employer contributions,allow each of Mrs. Trepanne and I to make elective contributions of $15,000 apiece, allow each of us to immediately borrow back half the money
contributed...


In addition to Badger's comment about the loans, let's make sure the Mrs. is actually working for the corporation doing something worth the salary. Otherwise her participation smacks of fraud.

You don't mention it, but I assume that you understand that you and the Mrs. will owe full income and employment taxes on the salaries, in addition to the corp's payroll tax liability.

Phil
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